Hello all,
I'm new to online selling and I primarily use EBAY / PayPal for all of my transactions. I guess my question is what will actually show up on my 1099K form?? Up until now i've only been keeping track on my payments minus the paypal fee for the transaction. So will the 1099K show every complete payment and I should have been subtracting the paypal fee from each transaction or do they only report the amount after they have deducted their fees?? Please help, i'm 5 months in and afraid I need to re-do Everything!??!?
